Newsletter February 2019 - BABA...Newsletter February 2019 Boeing Executive Speaks at CEO-Leadership Event By Ben Cromer Our latest CEO Speaker Series event featured Leanne Caret,

Newsletter February 2019

Boeing Executive Speaks at CEO-Leadership EventBy Ben Cromer

Our latest CEO Speaker Series event featured Leanne Caret, President & CEO, Defense, Space & Security, The Boeing Company. Held on February 19 at The Boeing Company offices in Arlington, VA, Ms. Caret discussed Boeing’s $21 billion business that provides integrated solutions to defense, government, space, intelligence, and security customers in the US and around the world. Premier Sponsor was The Boeing Company. Event Sponsors were PricewaterhouseCoopers, Strelmark, LLC, and The Employee Benefits Group, Inc.

Leanne Caret was recognized in Fortune magazine as one of most powerful women in business. “Caret now presides over one of the nation’s top-five defense busi-nesses,” the magazine wrote. Caret led Boeing in winning a highly sought $805 million contract with the US Navy to provide drones for refueling fighter jets.

For more event photos, see page 5.

INSIDE2 President’s Letter3 Embassy News4 Platinum Member News8 Benefits of Membership10 New Members

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From left to right: BABA President Eamonn Cooney with Leanne Caret; Scott Thompson, Event Sponsor PricewaterhouseCoopers; Craig McVay, Rolls-Royce North America; and BABA Chairman Mark Herlach.

On pages 6-7: Our Gala Christmas Luncheon.

Our Platinum Members

Upcoming Leadership/CEO Speaker Event! Register Today!Featuring Orlando Alvarez, President & CEO, BP Energy

March 20, 2019Register online at www.babawashington.org

BABA Newsletter/February 2019 page 2

Eamonn [email protected]

HONORARY CHAIRMANHM Ambassador to the USA, Sir Kim Darroch, KCMG

FOUNDING DIRECTORSRobert J. Gladwell, OBE, Founding ChairmanTerence Roche Murphy, OBEBarry J. New, OBE

OFFICERSMark Herlach, ChairmanEamonn Cooney, PresidentJohn Dickerman, Vice PresidentJennifer Taylor Hodges, Vice PresidentPatricia A. Karhuse, MBE, SecretaryRichard Larkworthy, Treasurer (Deloitte)

DIRECTORSNeil R. Agate, Four Gates LLCRichard Buckley, AstraZenecaJeffrey Clegg, DeloitteEamonn Cooney, BABA John DIckerman, The CBIHilary Fordwich, Strelmark, LLCThomas C. Harrell, Indigo DNA CorporationMark D. Herlach, Eversheds SutherlandAmy Jeffress, Arnold & PorterFreya Jackson, British EmbassyJill Landefeld, StifelMarisa Lino, Northrop Grumman CorporationMatt Mazonkey, Airbus Americas, Inc.Carmie McCook, Carmie McCook & AssociatesJan Mul, Fairfax County Economic Development AuthorityChristopher Parker, New Horizon WinesDerrick Surratt, British AirwaysKara SuttonDavid Swindle, AECOMJennifer Taylor Hodges, BT Americas Inc.Scott Thompson, PricewaterhouseCoopersDena Wiggins, Natural Gas Supply AssociationSteve Wilson, Rolls-Royce North AmericaNancy Ziuzin Schlegel, Lockheed Martin Corporation

COUNSELC. Randall Nuckolls, Dentons

COMMITTEE CHAIRSMarisa Lino/ Chris Fetzer, Defense, Aerospace, Transportation & Security (DATS)Mark Herlach, Energy & EnvironmentJeffrey Clegg/Dave Hollander, Financial ServicesRichard Buckley, Health & Life SciencesJill Landefeld/Jan Mul, Marketing/Business DevelopmentChris Parker, Small BusinessJohn Dickerman/Jennifer Taylor Hodges, Trade & PolicyKate Greer/Josh Stanton, Young Professionals

ADMINISTRATIONPatricia A. Karhuse, MBE, Executive DirectorP. Rugger Smith, Administrator

From the President . . . Dear Members:

So Brexit comes down to the wire. June 23, 2016, the UK voted to leave the EU by

March 29, 2019. Now a series of UK Parliamentary votes are planned for March 12-14 if all needed; first to agree a deal to leave the EU or second does the UK leave with no deal or 3rd a request to delay the Ar-ticle 50, March 29, deadline for exit. Business, industry, and our members need the right deal with a transition period to allow for all arrangements to be made and to pursue a UK-US free trade agreement.

Meanwhile on the US-UK trade front, a deal was reached on Feb. 14 by the two governments who signed a mutual recognition agreement (MRA), which is expected to boost the nearly £13 billion in trade between the US and UK, post Brexit. This MRA was signed for the UK Government by our Ambassador, Sir Kim Darroch — a good segue to also thank Sir Kim for being our guest of honor at our 22nd Annual Christmas Gala Luncheon — and especially for his lively comments on UK-US po-litical developments in 2018! As always, this is such a fun event and it was wonderful to see so many of you enjoying it!

We are very pleased to welcome 11 new mem-bers including Womble Bond Dickinson as our fourth top-tier Platinum member; Sponsoring member, Holland & Knight; and Corporate members, JP Morgan Chase, Employee Benefits Group, and The Dupont Circle Hotel.

Under our CEO-Leadership Speaker Series, we had another great event on Feb.19 with Leanne Caret, President and CEO, Defense, Space & Security, Boeing. Our next CEO event in this series is on March 20, with Orlando Alvarez, President and CEO, BP Energy, so do please join us for that. Check our Website for updates.

Thank you members for all your great support and participation in our range of programs and events!


Former BABA Chairman Barry Eccleston Awarded OBE We are delighted to announce that our colleague and past BABA Chairman, Barry Eccleston, was awarded the Order of the British Empire (OBE) by Her Majesty Queen Elizabeth II in the 2019 New Years Honour list, for his ‘services to the United Kingdom aerospace and avi-ation industry’.

As so many know, Barry was BABA’s Chairman for three years from 2015 to 2018. At the same time he was Chief Execu-tive Officer of Air-bus Americas, a role he held for 13 years, as part of an exceptional career of nearly 50 years in the avia-tion and aerospace sectors.

As Chair-man of BABA he gave w i l l i ng l y and tirelessly of his time and was an excellent and exemplary Chair-man, as well as the strongest cham-pion of UK-US rela-tions.

We thoroughly and warmly congratulate Barry on this well deserved honour!

Embassy News: UK & US Sign Trade Continuity Agreements On January 23, International Trade Secretary Liam Fox attended the World Economic Forum in Davos, Switzer-land, where he met with a number of international partners

and launched the UK’s Trade is GREAT cam-paign. His at-

tendance was also an opportunity to show that the UK is open for business and a great place in which to invest and with which to do business.

The Prime Minister held a Meaningful Vote on the UK’s Withdrawal Agreement for its departure from the EU. Following the result of this vote, on 29 January the Prime Minister set out her strategy for continuing negotia-tions with the European Union and seeking changes to the Northern Ireland ‘backstop’ in order to secure a majority in the Houses of Parliament. That work is ongoing and the Prime Minister has met EU leaders, the Presidents of the European Commission and Council, and colleagues across the political spectrum.

On January 31, the UK and US signed two agree-ments to ensure trade continuity. The agreements covered wine and distilled spirits and means that there will be no disruption in trade of these products between the UK and US once the UK leaves the EU. Building on this, on 14 February the UK and US signed two further agreements – one mutual recognition agrement and one on mutual recognition regarding marine equipment. These mutual recognition agreements mean US exporters can ensure goods are compliant with UK technical regulations before they depart the US, saving businesses time, money, and resources. UK exporters to the US benefit in the same way.

Finally, the Foreign Secretary visited Washing-ton DC in late January. He met with a number of senior US counterparts including the Secretary of State, Mike Pompeo, and the Vice President, Mike Pence. They dis-cussed shared priorities and a range of issues including Brexit.

For more information about the British Embassy and its activities, visit www.gov.uk/world/USA.

MEMBER NEWSEMBASSY NEWS

Former BABA Chairman Barry Eccleston (r.) with British Ambassador Sir Kim Darroch.

The Newsletter welcomes information about your company’s activities. Please submit news releases to Ben Cromer, Newsletter Editor, via e-mail to [email protected]. Materials submitted are subject to editing and space limitations.

HOW TO REACH US


Minor pointed out that the OECD tax policy project is easily the most watched recent development in interna-tional tax, which will have an impact on clients. In fact, the OECD output will have direct and trickle-down impacts

in particular on clients large and small that have inter-n a t i o n a l (outbound)

operations that rely on high value intangibles and the collection of privacy data; i.e., the typical business model in the global digital economy today.

Minor is an international tax attorney at Womble Bond Dickinson who advises companies on inbound and outbound corporate structuring and transactions, tax planning, and related cross-border business and holding company structures, digital business models, choice of jurisdiction, and international tax controversy matters. Minor previously served as the top European tax executive in the European headquarters of three public companies and as a senior tax and GDPR advisor to the Luxembourg government of Jean Claude Juncker.

For more information, visit the firm’s Website www.womblebonddickinson.com/us.

Womble Bond Dickinson Sees Potential Global Tax Agreement Could a global digital tax agreement become a reality in the not-too-distant future? The possibility of such a consensus took a significant step forward recently when the Organisation for Economic Co-operation and Development (OECD) released a new policy document aimed at creating such a deal by 2020.

Womble Bond Dickinson international tax at-torney Rick Minor was among the industry observers who discussed the developments with Tax Notes. “What seems to have advanced the project since the interim report al-most a year ago are the contributions made to the debate in the digital taxation policy paper from UK Treasury, the more recent Franco-German minimum tax proposal, and, of course, some of the international provisions of TCJA,” Minor said.

He told Tax Notes that he was pleased to see ref-erences to those concepts in the OECD document. Minor added, however, that some in the tax community might be concerned that the publication date for the consultation document hasn’t been announced.

The Tax Notes article also includes comments from Lafayette G. “Chip” Harter III, US Treasury Deputy As-sistant Secretary for International Tax Affairs.

Lockheed Martin and Airbus Sign Agreement on Aerial Refueling Lockheed Martin (NYSE: LMT) and Airbus have signed an agreement to jointly explore opportunities to meet the growing demand for aerial refueling for US defense customers.

The companies will seek to provide aerial-refueling services to address any identified capacity short-fall and to meet requirements for the next generation of tankers capable of operating in the environment of future battlespace.

“Reliable and modernized aerial refueling is an essential capability for our customers to maintain their global reach and strategic advantage,” said Lockheed Martin Chairman, President & CEO Marillyn Hewson. “By combining the innovation and expertise of Airbus and Lockheed Martin, we will be well-positioned to provide the United States Air Force with the advanced refueling solu-tions needed to meet 21st century security challenges.”

“The U.S. Air Force deserves the best aerial-refuel-ing technology and performance available under the sun and this great industry team, Lockheed Martin and Airbus, will offer exactly that,” said Tom Enders, Airbus CEO.

The companies said that Lockheed Martin has a long and successful history of sys-tems integration, manufacturing, and maintenance, repair and overhaul op-erations with large airlift and tanker aircraft. When combined with Airbus expertise, the two companies will field a strong team to address future air refueling needs.

For more information, visit www.airbus.com and www.lockheedmartin.com.

PUBLICATIONS STAFFBenjamin D. Cromer, Editor & DesignerKeith Harvey, Photographer

© 2019 British-American Business Association of Washington, DC, Inc. All Rights Reserved.


New BABA members Bruce Boillotat (l.) and Dave Morell from U.S. Sedan Service Worldwide pause for a photo with Nancy Price from Virginia Economic Development Partnership.

Ricardo Bernal (l.) from AECOM, with Margaret Ton and Nam Nguyen, takes in the networking reception. Our CEO Speaker presentations have become one of the most popular events on the BABA calendar.

CEO Speaker Event Featuring Leanne Caret, President & CEO, Defense, Space & Security,

The Boeing Company

With Premier Sponsor

Event Sponsors

PricewaterhouseCoopers

Strelmark, LLC

The Employee Benefits Group, Inc.

From left to right: Eamonn Cooney; Leanne Caret; Hilary Fordwich from Event Sponsor Strelmark, LLC; Mark Herlach; and David Howgill from Huckworthy.

BABA Chairman Mark Herlach with Dana Smith, Steve Lott, and Mike Schnabel, all with Premier Sponsor The Boeing Company.

All BABA event photos can be viewed at www.babawashington.org

Photos by Harvey & Harvey Photographers


Sir Kim Darroch poses for a photo with the British International School of Washington Performance Choir, who performed at the event.

From left to right: Steve Wilson, David Swindle, Eamonn Cooney, Congressman George Holding, and Ed Jesson.

Members from Platinum event sponsor, OBXtek, take in the festivities.

Our Christmas elf, Maureen Degnan, presents a gift certificate to Gil Nyland for chauffeur-driven services, compliments of U.S. Sedan Service Worldwide.



22nd Annual Gala Christmas Luncheon

With Premier Sponsor

December 14, 2018

Fairmont Washington, DC


From left to right: Jennifer Taylor, Mark Herlach, Sir Kim Darroch, Mark Huntley, and John Dickerman.

Sally-Anne Andrew, Proprietor of LeFay Cottage at Little Washington; Susan Ginsberg (c.), British Airways grand prize winner; and Derrick Surratt, British Airways.

From left to right: Svetlana Lozanova of Skybird Travel with Rick Yannarell and Betty Amato, both from British Airways.



Thanks to our corporate sponsors at the 22nd Annual Gala Christmas Luncheon:

v British Airways (Premier Sponsor)

v Airbus Americas, Inc. (Platinum Sponsor)v AstraZeneca Pharmaceuticals (Platinum Sponsor)v Eversheds Sutherland (Platinum Sponsor)v Lockheed Martin Corporation (Platinum Sponsor)v OBXtek (Platinum Sponsor)

v Arnold & Porter (Gold Sponsor)v BT/CBI (Gold Sponsor)v HSBC (Gold Sponsor)v Rolls-Royce North America (Gold Sponsor)v Welsh Government (Gold Sponsor)

v AECOM (Silver Sponsor)

From left to right: Adam Owens, Dan Bedoya, and Jen Wanandi, all with Lockheed Martin Corporation.


“In this guide, we share the insights that our lawyers have gained on hundreds of digitalization projects, to help readers avoid costly delays and compliance risks,” Ostrowski added.

“For the vast majority of companies, a decision to implement such a strategy is fueled by the need to keep up with evolving customer behaviors, so the digital customer is a key theme running throughout the

publication,” he said.

The publication consists of an anthology of articles, each offering a unique perspective on digital transformation, to assist organizations planning or

implementing their strategy, including such topics as clearing the legal hurdles for your digital transformation project; a review of data centers; and the evolution of FinTech and the growth of cryptocurrencies.

The publication is free and available for download at www.dentons.com.

Dentons Launches New ‘Market Insights’ Publication Dentons has launched a new Market Insights publication, “Digital Transformation and the Digital Consumer,” which examines the legal implications of the online economy.

The publication was prepared by Dentons’ lawyers from Europe and provides guidance on EU and national laws that govern digitalization projects and online business — including data protection, e-privacy, consumer rights, intellectual property protection, competition and antitrust, and employment law.

The publication is part of Dentons’ Market Insights series, presenting different aspects of digital transformation from around the world. While the current issue focuses on Europe, other geographic regions will follow in future editions.

“In today’s digital age, companies are looking to technology not only to improve efficiency and reach new customers, but often to ensure their very survival,” said Igor Ostrowski, Co-Chair of Dentons’ Global Technology, Media and Telecommunications group.

Looking to Upgrade Your Membership? We Have Just the Ticket! BABA’s new Platinum Membership offers unprecedented access to a customized program of exclusive networking, promotional, and business opportunities. This membership category was designed for members who want to ensure they get maximum value and benefit from their membership in BABA, providing the opportunity to combine membership, sponsoring, and other benefits into one large package, requiring only one annual payment approval process, not several. Additional Platinum Membership benefits include:

Platinum $5,500 Sponsorship at Gala Christmas luncheon; table of 10; seat at head table with the British Ambas-•sador; and multiple company recognitions;

Opportunity to promote your company’s events (three per year) through our online list serve;•

Prominent fixed logo and Web link on BABA Website homepage;•

1/2 page in every other quarterly • BABA Newsletter and four social media posts per year about your company news/press releases/Webinars;

Logo placement in an e-mail footer of all relevant outbound market/event e-mails;•

Opportunity for one of your senior executives to introduce/promote your company at a BABA event;•

Priority access for your CEO or senior executive to exclusive invitation-only BABA events with high-level UK or •US Government officials; and

Exclusivity of level, limited to a small number of key members.•

For more information on how to upgrade your membership, please contact BABA President Eamonn Cooney at 703-628-3205 or via e-mail at [email protected].


BABA welcomes the following new Sponsoring Member: Holland & Knight LLP

Sponsoring Members

ADI Technologies, Inc.

AECOM

The Anschutz Corporation

Arnold & Porter

BAE Systems

Barclays

The Boeing Company

British Airways British International School of Washington

BT Americas Inc.

Chevron

Citrin Cooperman

Cobham

Deloitte & Touche LLP

Dentons US LLP

Diageo

Eversheds Sutherland

Fairfax County Economic Development AuthorityGoogle

Gulfstream

Jacobs

HSBC Bank USA, NA

Legation Strategies

MBDA Missile Systems

National Grid

Northrop Grumman Corporation

OBXtek Inc.

PPG

Pratt & Whitney

PricewaterhouseCoopers

QinetiQ Inc.

Raytheon Company

Rolls-Royce North America Inc.

RSM US LLP

Serco

Smith & Nephew

Virgin Atlantic Airways

WETA

Register Online at www.babawashington.org...Members’ Appreciation Reception & Annual General Meeting

Join Your Friends & Colleagues for Great Networking!

June 27, 2019


New MembersSPONSORING MEMBER

HOLLAND & KNIGHT LLPLegal Services

800 17th Street, NW, Suite 1100Washington, DC 20006Website: ww.hklaw.com

From the Washington, DC, office, attorneys and pro-fessionals assist clients with the business of Wash-ington. Holland & Knight regularly appears before Congress, federal government agencies, and local and federal courts in the Mid-Atlantic area.

CORPORATE MEMBERS

THE DUPONT CIRCLE HOTELHotels/Inns

1500 New Hampshire Avenue, NWWashington, DC 20036

As an esteemed member of The Doyle Collection, The Dupont Circle’s 327 guest rooms offer luxurious accommodations at exceptional value in the heart of Washington, DC.

THE EMPLOYEE BENEFITS GROUP, INC.Insurance Services

4405 East West Highway, Suite 202Bethesda, MD 20814Website: www.EBG.com

Professional services firm providing broad range of risk, retirement, and health solutions.

JPMORGAN CHASEBanking/Financial/Investment Services

11810 Grand Park Avenue, Suite 512North Bethesda, MD 20852

SMALL BUSINESS MEMBERS

HATHA SYSTEMS LLCComputer Products/Programming Services

1101 Pennsylvania Avenue, NW, Suite 300Washington, DC 20003Website: www.hathasystems.com

Hatha Systems is an enterprise software company delivering disruptive and innovative technology to fortune 1000 organizations and government agen-cies.

ROYAL STALLION CARRIERSTravel Management/Agencies/Tourism

17172 Larkin Drive, Suite BDumfries, VA 22026Website: www.royalstallioncarriers.com

EXECUTIVE BLACK CAR SERVICE. We offer airport pick-ups and drop-offs, VIP and celebrity transpor-tation, diplomatic transportation, corporate event transportation, night on town, special events; or hourly rate reservations.

SANDBOX FINANCIAL PARTNERSFinancial Services

6903 Rockledge Drive, Suite 1200Bethesda, MD 20817Website: www.sandboxfp.com

Sandbox Financial Partners is an independent RIA providing Financial Planning, and Wealth Manage-ment Services for Families, Professionals, Executives, and Business Owners.

SCOTTISH GOVERNMENTBritish Embassy3100 Massachusetts Avenue, NWWashington, DC 20008

U.S. SEDAN SERVICE WORLDWIDETravel Management Agencies/Tourism22800 Executive Drive, Suite 130Sterling, VA 20166Website: www.ussedan.com

For nearly 25 years, U.S. Sedan Service Worldwide has been providing uncompromising ground trans-portation service for — corporate VIP travelers, international diplomats, private chartered aviation, meetings & events, and five-star hotels. Whether traveling from the airport to an important meet-ing, chauffeuring the family from one adventure to another or providing over 400 hundred vehicles for a diplomatic relations summit, U.S. Sedan has the vehicle, the chauffeur, and the expertise to see it through — seamlessly.


INDIVIDUAL MEMBERS

MARC COWAN

SARAH DEAM

MONIKA GRIFFIS

YOUNG PROFESSIONALS

GREGOR DUNCAN CATTO

IVAN A ESPARZA

OBXtek Ranked as 10th largest Cybersecurity Firm in DC Area

OBXtek, Inc. was recognized as the 10nth largest cybersecurity company in the Greater DC area by the Washington Business Journal. The list ranked companies based on 2017 metro-area revenue.

“Protecting the government’s cyber resources has never been more important considering the threats and vulnerabilities in the world today. OBXtek’s success stems from the ex-perience, education and sense of duty of its cyberse-curity per-sonnel in defending the nation’s infrastructure from those threats and vulnerabilities,” said Dan Jetton, OBXtek Vice Pres-ident, Cyber Services.

“It’s an honor to be recognized on the list of top companies in the region. Our growth is a testament to the hard work of the entire OBXtek team. We will contin-ue to work on our strategic goal of providing innovative solutions that enhance our customer’s cybersecurity posture,” Jetton added.

From its inception on North Carolina’s Outer Banks to today, OBXtek strives to develop innovative technical solutions that address the federal govern-ment’s toughest challenges.

For more informartion, visit www.obxtek.com.

New MembersAECOM Named to Fortune List of ‘Most Admired Companies’ AECOM (NYSE: ACM), a global infrastructure firm, has been named to Fortune magazine’s list of the World’s Most Admired Companies for the fifth consecutive year.

“We are proud to be recognized on Fortune’s World’s Most Admired Companies list for five years in a row,” said Michael S. Burke, AECOM’s Chairman and CEO. “This important honor is a celebration of the expertise and talent of our employees, and a reflection of their commitment to delivering innovative, impactful work to our clients around the world.”

From an annual survey conducted by Fortune and global management consulting firm Korn Ferry Hay Group, top executives, directors, and financial analysts identify the companies with the strongest reputations within their industries and across industries.

According to Fortune, the World’s Most Admired Companies list is considered a report card on corporate reputation. The companies featured on the list represent “the pinnacle of excellence” in nine key performance ar-eas:

Ability to attract and retain talented people•

Quality of management•

Social responsibility to the community and the envi-•ronment

Innovativeness•

Quality of products or services•

Wise use of corporate assets•

Financial soundness•

Long-term investment value•

Effectiveness in doing business globally•

AECOM designs, builds, finances, and operates infrastructure assets for governments, businesses, and organizations. A Fortune 500 firm, AECOM had revenue of approximately $20.2 billion during fiscal year 2018.

For more information about the firm, visit www.aecom.com.


Documents

Newsletter February 2019 - BABA...Newsletter February 2019 Boeing Executive Speaks at CEO-Leadership Event By Ben Cromer Our latest CEO Speaker Series event featured Leanne Caret,